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Itaú USA · 14 hours ago

Treasury Associate

Miami, Florida, United States

Full-time

Onsite

Entry Level

3+ years exp

Itaú USA is a financial institution seeking a Treasury Associate to provide financial expertise in managing banking and distribution products. The role involves developing cash management strategies, overseeing cash flow forecasts, managing liquidity requirements, and liaising with various departments to enhance treasury policies.

Financial Services

Responsibilities

Development, implementation and maintenance of cash management operational strategies according to Treasury Policies & Procedures

Prepares cash positions daily, oversees cash flow forecasts and manages investments of excess funds

Manages regulatory and intragroup liquidity requirements

Controls the appropriate level of foreign currencies according to the Bank needs

Manages financial risks and executes hedge transactions related to treasury operations impacting company’s revenues including FX exposure, DV01, VaR

Provides recommendation to enhance treasury policies and procedures

Liaises with other areas like Finance, Operations, Risk, Products in the due course of regular activity or specific projects

Liaises regularly with other affiliate treasury divisions to understand ongoing changes in business activities and developments

Build and maintain the Bank relationship with other Banks, Broker or investors improving Itau presence in the US seeking enhanced pricing conditions for the Bank locally and abroad

Provides pricing for Banking and Distribution products such as TD, MMA, CD, Structured Notes, Derivatives and Loans

Develop the necessary tools to control the outstanding portfolio and suggest book management initiatives

Maintain an updated Product Offering and follow market trends

Provides the Head of Treasury with adequate information to carry out his/her responsibilities like reports, analysis, projections and impacts of Treasury activities

Act as mentor and coach to other staff member within the department

Qualification

Financial products knowledgeTreasury operations experienceAnalytical skillsMS-Office proficiencyBloomberg skillsTeamworkOrganizational skillsCommunication skills

Required

Bachelor's degree in economics, business, finance or management required

Minimum of 3 years' experience in Financial Institutions

knowledge on financial products, trading and markets

Ability to work in a team environment

Strong analytical, organizational and communication skills

Advanced skills in the use of MS-Office, in particular Excel, with experience in programming

Compliance with Anti-Money Laundering and Bank Secrecy Act related principles, laws, rules and regulations, as well as Itau's related policies and procedures